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News
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LCG, April 8, 2025--Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc. (“Argan”), has received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) for a 1.2-GW power plant in Lee County, Texas. Construction of the natural gas-fired, combined cycle facility is scheduled to commence this summer, with an expected project completion date in 2028
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LCG, April 4, 2025--NeuVentus, LLC ("NeuVentus") announced this week the receipt of a final order from the Railroad Commission of Texas (RRC) that grants a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases (including natural gas and hydrogen) and liquids at its Texas Reliability Underground Hub ("TRU Hub") salt cavern storage project located in Liberty County, Texas.
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Industry News
Pennsylvania State Attorney Finds No Manipulation by PPL
LCG, June 20, 2003--Following an investigation into the cause for price spikes in wholesale power prices in PJM Interconnection territory during 2001, Pennsylvania's attorney general, Mike Fisher, has concluded that PPL Corp.'s PPL EnergyPlus subsidiary did not engage in market manipulation.James Donahue, chief deputy attorney general, said that a requirement by PJM that companies in the wholesale market have certain capacity available in addition to the amount of power they were selling was a reason for price increases. Many such companies that did not have as much in the way of their own generating resources as PPL were trying desperately to acquire available capacity. PPL EnergyPlus already had capacity available, and was able to sell to the smaller competitors.A spokesman for PPL, Dan McCarthy, said company managers were "very pleased" to learn of the attorney general's findings.The investigation was begun after the Public Utilities Commission (PUC) issued its own conclusions that PPL might have violated antitrust statutes. Although these conclusions were forwarded to the Federal Energy Regulatory Commission and the Justice Department, FERC said last year that it would not launch its own investigation, while the Justice Department has made no statement regarding the PUC's findings.Wholesale power prices rose dramatically during the first three months of 2001 in the part of Pennsylvania under PJM, the grid operator.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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